The Goldman Sachs Group Issues Pessimistic Forecast for DuPont de Nemours (NYSE:DD) Stock Price

Key Points

• Goldman Sachs lowered its price target for DuPont de Nemours from $159 to $153 while maintaining a “neutral” rating, implying 17.69% upside from the prior close.
• Analyst sentiment remains broadly positive, with 12 Buy, four Hold and one Sell rating; the consensus rating is “Moderate Buy” with an average price target of $166.20.
• DuPont recently exceeded quarterly expectations, reporting $1.88 in earnings per share versus the $1.76 consensus and $1.82 billion in revenue, up 4% year over year.

DuPont de Nemours (NYSE:DD - Get Free Report) had its target price reduced by investment analysts at The Goldman Sachs Group from $159.00 to $153.00 in a research report issued to clients and investors on Wednesday. The brokerage currently has a "neutral" rating on the basic materials company's stock. The Goldman Sachs Group's price objective would suggest a potential upside of 17.69% from the stock's previous close.

Several other brokerages also recently issued reports on DD. Zacks Research downgraded shares of DuPont de Nemours from a "strong-buy" rating to a "hold" rating in a report on Friday, July 17th. Citigroup increased their price objective on shares of DuPont de Nemours from $168.00 to $170.00 and gave the stock a "buy" rating in a research report on Thursday, July 2nd. JPMorgan Chase & Co. increased their target price on DuPont de Nemours from $171.00 to $172.00 and gave the stock an "overweight" rating in a report on Monday, August 10th. Royal Bank Of Canada dropped their price target on shares of DuPont de Nemours from $180.00 to $176.00 and set an "outperform" rating on the stock in a research report on Friday, August 7th. Finally, UBS Group increased their price target on DuPont de Nemours from $175.00 to $178.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Twelve analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $166.20.

DuPont de Nemours Stock Down 0.7%

DD stock opened at $130.00 on Wednesday. The business's 50 day simple moving average is $135.91 and its 200 day simple moving average is $138.59. DuPont de Nemours has a 1-year low of $92.49 and a 1-year high of $157.98. The firm has a market capitalization of $17.56 billion, a PE ratio of 288.94, a PEG ratio of 1.19 and a beta of 1.06. The company has a current ratio of 2.43, a quick ratio of 1.82 and a debt-to-equity ratio of 0.23.

DuPont de Nemours (NYSE:DD - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.12. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The firm had revenue of $1.82 billion for the quarter, compared to analysts' expectations of $1.81 billion. During the same period in the prior year, the firm earned $1.12 EPS. The business's revenue was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. As a group, research analysts anticipate that DuPont de Nemours will post 7.27 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DD. Nalls Sherbakoff Group LLC bought a new stake in shares of DuPont de Nemours in the fourth quarter valued at $29,000. Elevation Wealth Partners LLC raised its position in shares of DuPont de Nemours by 168.5% in the second quarter. Elevation Wealth Partners LLC now owns 239 shares of the basic materials company's stock valued at $32,000 after purchasing an additional 150 shares during the period. Commonwealth Retirement Investments LLC purchased a new position in DuPont de Nemours in the 4th quarter valued at approximately $33,000. Hilton Head Capital Partners LLC purchased a new stake in shares of DuPont de Nemours during the fourth quarter worth $59,000. Finally, Continuum Advisory LLC purchased a new position in shares of DuPont de Nemours in the second quarter valued at $64,000. 73.96% of the stock is owned by institutional investors.

About DuPont de Nemours

DuPont de Nemours, Inc is a science and technology company that develops engineered materials, specialty chemicals and other performance solutions for industrial and consumer markets. Its products are used in areas including electronics and semiconductor manufacturing, water purification, healthcare, transportation, construction, aerospace, worker safety and industrial processing.

DuPont's portfolio includes well-known brands and materials such as Kevlar aramid fiber, Nomex flame-resistant materials, Tyvek protective materials, Kapton polyimide film, Vespel high-performance parts and Corian solid-surface materials.

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